Because of this (fave bit bold-typed):
In early 2015, the Company designated certain assets to be placed in a
separate division and established Brio Gold Inc. (“Brio Gold”) as a
subsidiary to hold those assets which include Pilar, Fazenda Brasileiro
and C1 Santa Luz. Over the course of 2015, Pilar and Fazenda Brasileiro
were able to improve the quality of production, improve costs, increase
cash flow and earnings before interest, taxes, depreciation and
amortization (“EBITDA”) generation, improve mineral resource models and
mine plans, and increase mine lives. Given the significant operational
improvements at these assets, it has been concluded that they currently
carry considerably more value within the Company’s portfolio than
outside the Company.
Mr. Marrone, your talents are wasted in mining, you need to try stand-up. Go check out one of those Open Mike evenings at a comedy club near you.
Anyway, I couldn’t help it, I need to go change my clothes now.